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U of M Requests Reduced Fees for Out-of-State Students

Contact: Gabrielle Maxey
901-678-2843
gmaxey@memphis.edu

April 14, 2014 - The University of Memphis has requested reduced fees for all students who attend the university from out of state and further reductions for undergraduate out-of-state students who live within a 250-mile radius of Memphis. Both proposals were submitted to the Tennessee Board of Regents late last week.

If approved, these reduced fees would take effect in fall 2014 and would apply to students who are already admitted to the university or who meet incoming admissions requirements, as well as continuing students.

“This action will improve our ability to compete with other universities for students in our immediate region,” said Brad Martin, interim president. “The U of M has the ability to effectively and profitably serve out-of-state students at these reduced prices. We know from experience that more than 50 percent of the out-of-state students who graduate from the University of Memphis stay and work in the Memphis area. We believe these prices will permit us to attract more high-quality students to our campuses in Memphis and Jackson, who will make a contribution to the University of Memphis, our communities, and the Drive to 55.”

Current data shows that 54 percent of out-of-state students attending the University of Memphis remain in the region after graduation.

Under the new plan, undergraduate students who graduate from a high school located within 250 miles of Memphis but who are classified as out of state would pay significantly less in fees, paying $12,403 instead of the current $21,768.

All current and new students from outside of the 250-mile radius would also see a reduction in fees. Full-time undergraduate students would pay $3,000 less in out-of-state fees, making their annual tuition $18,768. Full-time graduate students taking nine hours of classes a semester would see their tuition drop to $17,082.

The university is proposing a 12-hour cap on credits for both undergraduate and graduate out-of-state students, meaning undergraduates would not pay additional out-of-state fees for more than 12 class hours. Graduate students would pay $488 per credit hour for any additional credits over nine, but capped at 12.

“Not charging additional out-of-state fees to students above 12 credit hours will provide an incentive for students to take additional courses and speed their degree completion,” said Martin.

Out-of-state law students would see their tuition reduced from $37,864 to $23,852. They would also have a 12-hour cap.

“This brings us in line with what our regional competitors are charging,” said Peter Letsou, dean of the Cecil C. Humphreys School of Law. “It will also increase our regional and national exposure.”

In addition to proposed out-of-state fee reductions, the University of Memphis announced earlier this year that it will not recommend or support a tuition increase for 2014-15, despite projected increases at other colleges and universities in Tennessee. Tuition and fees for the upcoming academic year will be set by TBR at its June board meeting.

“Affordability is a key element of student access and successful degree completion, and we remain committed to flat tuition this year,” said Martin. “The further reduction of fees for out-of-state students will eliminate what has been a major impediment to our ability to effectively compete for these students.”

Reduced fee proposals for out-of-state students are projected to have an impact of $1.7 million, which will be offset by enrollment growth, organizational realignment, cost savings and other efficiency measures currently underway.

Major metropolitan areas within the U of M’s proposed 250-mile radius include Little Rock, St. Louis, Birmingham and Jackson, Miss. Reduced fees recommended to TBR do not apply to students living in the border counties of Crittenden County, Ark., or DeSoto, Tate, Tunica and Marshall Counties in Miss., who already attend the U of M at in-state rates.

More than 21,000 students currently attend the University of Memphis.

COST COMPARISONS

Students within 250-mile radius  (except border counties)

Current Fees  (2013-14)

Requested Fees  (2014-15)

          Full-time undergraduates

$21,768

$12,403

          Full-time graduate students

$19,476

$17,082

          Law students

$37,864

$23,852

Students outside of 250-mile radius

 

 

          Full-time undergraduates

$21,768

$18,768

          Full-time graduate students

$19,476

$17,082

          Law students

$37,864

$23,852

In-state students and border county students

 

 

          Full-time undergraduates

$7,056

$7,056

          Graduate students

$8,298

$8,298

          Law students

$15,992

$15,992

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Last Updated: 4/15/14